Loading
30-Oct-2012 10:13 AM

Garuda Indonesia reports strong profit growth in first nine months of 2012

Garuda Indonesia revenue up 14% - financial highlights for nine months ended 30-Sep-2012:

  • Operating revenue: USD2386 million, +14.4% year-on-year;
  • Operating costs: USD2294 million, +12.1%;
    • Fuel: USD885.9 million, +13.5%;
    • Labour: USD279.0 million, +22.7%;
  • Operating profit: USD92.8 million, +140.4%;
  • Net profit: USD60.6 million, +108.6%;
  • Passenger numbers: 14.9 million, +20.2%;
  • Passenger load factor: 75.9%, +0.7 ppt;
    • Garuda: 76.3%, +1.7 ppt;
    • Citilink: 70.8%, -8.5 ppts;
  • Passenger yield: USD 9.55 cents, +0.6%;
    • Garuda: USD 9.85 cents, +1.7%;
    • Citilink: USD 5.77 cents, -2.2%;
  • Cargo volume: 201,070 tons, +18.7%;
  • Cargo yield:
    • Garuda: USD 37.72 cents, +3.4%;
  • Aircraft utilisation: 10.5 hours, +0.5%;
  • Ontime performance: 84.5%;
  • Total assets: USD2207 million, +6.4% when compared to period ended 31-Dec-2011;
  • Cash and cash equivalents: USD209.2 million, -49.9% when compared to period ended 31-Dec-2011;
  • Total liabilities: USD1225 million, +6.3% when compared to period ended 31-Dec-2011. [more – original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More